The Dicyclopentadiene (DCPD) Market is expected to register a CAGR of 5.0% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The dicyclopentadiene (DCPD) market is segmented into grade, application, end-use industry, and geography. Based on grade, the market is segmented into DCPD resin, DCPD UPR, and high-purity DCPD. Based on application, the market is segmented into unsaturated polyester resins, hydrocarbon resins, polydicyclopentadiene, ethylene propylene diene monomer (EPDM) elastomers, cyclic olefin, and others. Based on the end-use industry, the market is segmented into building and construction, electrical, pharmaceutical, marine, agriculture, and others. The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Dicyclopentadiene (DCPD) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Dicyclopentadiene (DCPD) Market Segmentation
Grade- DCPD Resin
- DCPD UPR
- High Purity DCPD
- Unsaturated Polyester Resins
- Hydrocarbon Resins
- Polydicyclopentadiene
- Ethylene Propylene Diene Monomer Elastomers
- Cyclic Olefin
Strategic Insights
Dicyclopentadiene (DCPD) Market Growth Drivers- Growing Demand for Dicyclopentadiene in the Automotive, Aerospace, and Electronics Industries: Demand in the end-use industries, the automotive, aerospace, and electronics industries is expected to grow. Dicyclopentadiene is an important raw material in the production of resins that are applied across a highly diversified industry: automotive, aerospace, and electronics. Amongst its application in automotive, DCPD-based resins find applications in developing lightweight high performance parts like bumpers, fenders, and engine components. Increased quest for more fuel efficiency and durability by the automobile has only heightened demand for advanced composite materials, which has a positive impact on DCPD.
- Construction and Infrastructure Industry Growth: The major share of DCPD is used in the manufacture of unsaturated polyester resins (UPRs), which are important intermediates in FRP utilized in the construction industry. These products are commonly used for pipes, tanks, roofing materials, and other structural applications, particularly within bridges and infrastructure development. Due to the overall trend of global urbanization and infrastructure development, especially in developing economies, DCPD also tends to experience higher demand for these applications and support further market growth.
- Increasing Use in the Production of Specialties and Chemicals: DCPD is an intermediate that plays a critical role in the production of a wide variety of high-value chemicals, including hydrocarbons, resins, adhesives, and lubricants. Increased demand for specialty chemicals by electronic companies to use on circuit boards and components and by automotive companies for use in adhesives and sealants have also fueled growth in demand for DCPD. With the further increase in usage of specialized products in industries, DCPD is still in a good place in these segments.
- Focus on Sustainability and Green Chemistry: The chemical industry, including DCPD producers, is growing with a focus on sustainability and green chemistry. It is research-based, indicating increased expectations from manufacturers to produce cleaner and more energy-efficient ways of manufacturing DCPD, as well as bio-based alternatives according to renewable resources. There is an expectation of demand for more environment-friendly and sustainable chemicals fueling innovation in the DCPD market. This behavior is in harmony with a global effort to reduce industrial carbon footprints and encourage renewable raw materials.
- Shift Towards Lightweight Materials in Automotive and Aerospace: Along with fuel efficiency and reduction in emissions, composite lightweight materials are increasingly gaining ground in automotive and aerospace industries. Resins based on DCPD, particularly fiber-reinforced composites, are at the vanguard of this change. The trend towards lightweighting has accelerated the adoption of DCPD within both industries, demanding not only strength and durability but also significantly low weight. High demand for lightweight composite materials is also further propelled by the high rate at which increases in regulatory pressure on emissions standards are happening.
- Technological innovations in resin and composite material production: New resin formulations and composite materials incorporating DCPD are a significant trend in the market. Advances in resin technology have led to improved performance characteristics such as greater thermal stability, higher strength-to-weight ratios, and better corrosion resistance, which will sustain further growth in the use of products based on DCPD across applications such as construction, automotive, and electronics, where material performance is the critical factor.
- Increasing application in renewable energy and wind turbines: DCPD-based resins are gaining quite a lot of demand in the manufacture of wind turbine blades in light of the exceptional mechanical properties, corrosion resistance, and durability offered by these products. Moreover, the global pressure to rely on renewable energy increases with time. This market also boasts long-term growth due to the renewable energy sector, particularly for countries targeting net-zero emissions.
- Emerging Markets Growth: The demand for DCPD-based resins and composites is expected to grow significantly, particularly in high-emerging markets like Asia-Pacific, Latin America, and the Middle East, to accelerate industrialization and urbanization. Increasing infrastructural development, automotive manufacturing, and construction in these regions will undoubtedly increase the demand for DCPD-based resins and composites as the infrastructure and capacities for manufacturing in countries like China, India, and Brazil will expand.
- Investment in High-Performance Resins for Electronics and Electrical Applications: Advances in electronics, for which consumer electronics, semiconductors, and electrical components are a few of the most rapidly moving examples, also open up opportunities for DCPD producers to supply high-performance resins used in the production of circuit boards, connectors, and insulating materials. Increasing the demand for miniaturization, higher performance, and increased efficiency in electronics is driving specialized DCPD-based materials into applications. The trend in the increasing demand for high-tech components sees a bright future for DCPD to fill the growing needs of changing demands by the electronics and electrical industries.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Dicyclopentadiene (DCPD) Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Dicyclopentadiene (DCPD) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Expanding applications in renewable energy and wind turbines is expected to be the key market trend.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
On the basis of geography, the dicyclopentadiene (DCPD) market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
The major factors driving the dicyclopentadiene (DCPD) market are:
1.Rising Demand from End-Use Industries (Automotive, Aerospace, and Electronics)
2. Growth in the Construction and Infrastructure Sectors
Braskem, Chevron Phillips Chemical Company LLC., Dow, ENEOS Corporation, Kolon Industries. Inc., LyondellBasell Industries Holdings B.V., NOVA Chemicals Corporate, Cymetech Corporation, Merck KGaA, and Ravago Chemicals UK Ltd. are some of the players operating in the market.
The Dicyclopentadiene (DCPD) Market is estimated to witness a CAGR of 5.0% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Dicyclopentadiene (DCPD) Market - By Type
1.3.2 Dicyclopentadiene (DCPD) Market - By End-Use
1.3.3 Dicyclopentadiene (DCPD) Market - By Application
1.3.4 Dicyclopentadiene (DCPD) Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DICYCLOPENTADIENE (DCPD) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. DICYCLOPENTADIENE (DCPD) MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DICYCLOPENTADIENE (DCPD) MARKET - GLOBAL MARKET ANALYSIS
6.1. DICYCLOPENTADIENE (DCPD) - GLOBAL MARKET OVERVIEW
6.2. DICYCLOPENTADIENE (DCPD) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DICYCLOPENTADIENE (DCPD) MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. DCPD RESIN GRADE
7.3.1. Overview
7.3.2. DCPD Resin Grade Market Forecast and Analysis
7.4. DCPD UPR GRADE
7.4.1. Overview
7.4.2. DCPD UPR Grade Market Forecast and Analysis
7.5. DCPD HIGH PURITY
7.5.1. Overview
7.5.2. DCPD High Purity Market Forecast and Analysis
8. DICYCLOPENTADIENE (DCPD) MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
8.1. OVERVIEW
8.2. END-USE MARKET FORECASTS AND ANALYSIS
8.3. BUILDING AND CONSTRUCTION
8.3.1. Overview
8.3.2. Building and Construction Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. MARINE
8.5.1. Overview
8.5.2. Marine Market Forecast and Analysis
8.6. ELECTRICAL AND ELECTRONIC
8.6.1. Overview
8.6.2. Electrical And Electronic Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. DICYCLOPENTADIENE (DCPD) MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. UNSATURATED POLYESTER RESIN
9.3.1. Overview
9.3.2. Unsaturated Polyester Resin Market Forecast and Analysis
9.4. HYDROCARBON RESINS
9.4.1. Overview
9.4.2. Hydrocarbon Resins Market Forecast and Analysis
9.5. ETHYLENE PROPYLENE DIENE MONOMER (EPDM) ELASTOMERS
9.5.1. Overview
9.5.2. Ethylene Propylene Diene Monomer (EPDM) Elastomers Market Forecast and Analysis
9.6. CYCLIC OLEFIN COPOLYMER (COC) AND CYCLIC OLEFIN POLYMER (COP)
9.6.1. Overview
9.6.2. Cyclic Olefin Copolymer (COC) and Cyclic Olefin Polymer (COP) Market Forecast and Analysis
9.7. POLY-DCPD
9.7.1. Overview
9.7.2. Poly-DCPD Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. DICYCLOPENTADIENE (DCPD) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Dicyclopentadiene (DCPD) Market Overview
10.1.2 North America Dicyclopentadiene (DCPD) Market Forecasts and Analysis
10.1.3 North America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Type
10.1.4 North America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By End-Use
10.1.5 North America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Application
10.1.6 North America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Dicyclopentadiene (DCPD) Market
10.1.6.1.1 Canada Dicyclopentadiene (DCPD) Market by Type
10.1.6.1.2 Canada Dicyclopentadiene (DCPD) Market by End-Use
10.1.6.1.3 Canada Dicyclopentadiene (DCPD) Market by Application
10.1.6.2 Mexico Dicyclopentadiene (DCPD) Market
10.1.6.2.1 Mexico Dicyclopentadiene (DCPD) Market by Type
10.1.6.2.2 Mexico Dicyclopentadiene (DCPD) Market by End-Use
10.1.6.2.3 Mexico Dicyclopentadiene (DCPD) Market by Application
10.1.6.3 US Dicyclopentadiene (DCPD) Market
10.1.6.3.1 US Dicyclopentadiene (DCPD) Market by Type
10.1.6.3.2 US Dicyclopentadiene (DCPD) Market by End-Use
10.1.6.3.3 US Dicyclopentadiene (DCPD) Market by Application
10.2. EUROPE
10.2.1 Europe Dicyclopentadiene (DCPD) Market Overview
10.2.2 Europe Dicyclopentadiene (DCPD) Market Forecasts and Analysis
10.2.3 Europe Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Type
10.2.4 Europe Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By End-Use
10.2.5 Europe Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Application
10.2.6 Europe Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Dicyclopentadiene (DCPD) Market
10.2.6.1.1 Germany Dicyclopentadiene (DCPD) Market by Type
10.2.6.1.2 Germany Dicyclopentadiene (DCPD) Market by End-Use
10.2.6.1.3 Germany Dicyclopentadiene (DCPD) Market by Application
10.2.6.2 France Dicyclopentadiene (DCPD) Market
10.2.6.2.1 France Dicyclopentadiene (DCPD) Market by Type
10.2.6.2.2 France Dicyclopentadiene (DCPD) Market by End-Use
10.2.6.2.3 France Dicyclopentadiene (DCPD) Market by Application
10.2.6.3 Italy Dicyclopentadiene (DCPD) Market
10.2.6.3.1 Italy Dicyclopentadiene (DCPD) Market by Type
10.2.6.3.2 Italy Dicyclopentadiene (DCPD) Market by End-Use
10.2.6.3.3 Italy Dicyclopentadiene (DCPD) Market by Application
10.2.6.4 United Kingdom Dicyclopentadiene (DCPD) Market
10.2.6.4.1 United Kingdom Dicyclopentadiene (DCPD) Market by Type
10.2.6.4.2 United Kingdom Dicyclopentadiene (DCPD) Market by End-Use
10.2.6.4.3 United Kingdom Dicyclopentadiene (DCPD) Market by Application
10.2.6.5 Russia Dicyclopentadiene (DCPD) Market
10.2.6.5.1 Russia Dicyclopentadiene (DCPD) Market by Type
10.2.6.5.2 Russia Dicyclopentadiene (DCPD) Market by End-Use
10.2.6.5.3 Russia Dicyclopentadiene (DCPD) Market by Application
10.2.6.6 Rest of Europe Dicyclopentadiene (DCPD) Market
10.2.6.6.1 Rest of Europe Dicyclopentadiene (DCPD) Market by Type
10.2.6.6.2 Rest of Europe Dicyclopentadiene (DCPD) Market by End-Use
10.2.6.6.3 Rest of Europe Dicyclopentadiene (DCPD) Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Dicyclopentadiene (DCPD) Market Overview
10.3.2 Asia-Pacific Dicyclopentadiene (DCPD) Market Forecasts and Analysis
10.3.3 Asia-Pacific Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By End-Use
10.3.5 Asia-Pacific Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Dicyclopentadiene (DCPD) Market
10.3.6.1.1 Australia Dicyclopentadiene (DCPD) Market by Type
10.3.6.1.2 Australia Dicyclopentadiene (DCPD) Market by End-Use
10.3.6.1.3 Australia Dicyclopentadiene (DCPD) Market by Application
10.3.6.2 China Dicyclopentadiene (DCPD) Market
10.3.6.2.1 China Dicyclopentadiene (DCPD) Market by Type
10.3.6.2.2 China Dicyclopentadiene (DCPD) Market by End-Use
10.3.6.2.3 China Dicyclopentadiene (DCPD) Market by Application
10.3.6.3 India Dicyclopentadiene (DCPD) Market
10.3.6.3.1 India Dicyclopentadiene (DCPD) Market by Type
10.3.6.3.2 India Dicyclopentadiene (DCPD) Market by End-Use
10.3.6.3.3 India Dicyclopentadiene (DCPD) Market by Application
10.3.6.4 Japan Dicyclopentadiene (DCPD) Market
10.3.6.4.1 Japan Dicyclopentadiene (DCPD) Market by Type
10.3.6.4.2 Japan Dicyclopentadiene (DCPD) Market by End-Use
10.3.6.4.3 Japan Dicyclopentadiene (DCPD) Market by Application
10.3.6.5 South Korea Dicyclopentadiene (DCPD) Market
10.3.6.5.1 South Korea Dicyclopentadiene (DCPD) Market by Type
10.3.6.5.2 South Korea Dicyclopentadiene (DCPD) Market by End-Use
10.3.6.5.3 South Korea Dicyclopentadiene (DCPD) Market by Application
10.3.6.6 Rest of Asia-Pacific Dicyclopentadiene (DCPD) Market
10.3.6.6.1 Rest of Asia-Pacific Dicyclopentadiene (DCPD) Market by Type
10.3.6.6.2 Rest of Asia-Pacific Dicyclopentadiene (DCPD) Market by End-Use
10.3.6.6.3 Rest of Asia-Pacific Dicyclopentadiene (DCPD) Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Dicyclopentadiene (DCPD) Market Overview
10.4.2 Middle East and Africa Dicyclopentadiene (DCPD) Market Forecasts and Analysis
10.4.3 Middle East and Africa Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By End-Use
10.4.5 Middle East and Africa Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Dicyclopentadiene (DCPD) Market
10.4.6.1.1 South Africa Dicyclopentadiene (DCPD) Market by Type
10.4.6.1.2 South Africa Dicyclopentadiene (DCPD) Market by End-Use
10.4.6.1.3 South Africa Dicyclopentadiene (DCPD) Market by Application
10.4.6.2 Saudi Arabia Dicyclopentadiene (DCPD) Market
10.4.6.2.1 Saudi Arabia Dicyclopentadiene (DCPD) Market by Type
10.4.6.2.2 Saudi Arabia Dicyclopentadiene (DCPD) Market by End-Use
10.4.6.2.3 Saudi Arabia Dicyclopentadiene (DCPD) Market by Application
10.4.6.3 U.A.E Dicyclopentadiene (DCPD) Market
10.4.6.3.1 U.A.E Dicyclopentadiene (DCPD) Market by Type
10.4.6.3.2 U.A.E Dicyclopentadiene (DCPD) Market by End-Use
10.4.6.3.3 U.A.E Dicyclopentadiene (DCPD) Market by Application
10.4.6.4 Rest of Middle East and Africa Dicyclopentadiene (DCPD) Market
10.4.6.4.1 Rest of Middle East and Africa Dicyclopentadiene (DCPD) Market by Type
10.4.6.4.2 Rest of Middle East and Africa Dicyclopentadiene (DCPD) Market by End-Use
10.4.6.4.3 Rest of Middle East and Africa Dicyclopentadiene (DCPD) Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Dicyclopentadiene (DCPD) Market Overview
10.5.2 South and Central America Dicyclopentadiene (DCPD) Market Forecasts and Analysis
10.5.3 South and Central America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Type
10.5.4 South and Central America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By End-Use
10.5.5 South and Central America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Application
10.5.6 South and Central America Dicyclopentadiene (DCPD) Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Dicyclopentadiene (DCPD) Market
10.5.6.1.1 Brazil Dicyclopentadiene (DCPD) Market by Type
10.5.6.1.2 Brazil Dicyclopentadiene (DCPD) Market by End-Use
10.5.6.1.3 Brazil Dicyclopentadiene (DCPD) Market by Application
10.5.6.2 Argentina Dicyclopentadiene (DCPD) Market
10.5.6.2.1 Argentina Dicyclopentadiene (DCPD) Market by Type
10.5.6.2.2 Argentina Dicyclopentadiene (DCPD) Market by End-Use
10.5.6.2.3 Argentina Dicyclopentadiene (DCPD) Market by Application
10.5.6.3 Rest of South and Central America Dicyclopentadiene (DCPD) Market
10.5.6.3.1 Rest of South and Central America Dicyclopentadiene (DCPD) Market by Type
10.5.6.3.2 Rest of South and Central America Dicyclopentadiene (DCPD) Market by End-Use
10.5.6.3.3 Rest of South and Central America Dicyclopentadiene (DCPD) Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. DICYCLOPENTADIENE (DCPD) MARKET, KEY COMPANY PROFILES
12.1. BRASKEM
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CHEVRON PHILLIPS CHEMICAL COMPANY, LLC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CYMETECH CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DOW CHEMICAL COMPANY
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. EXXONMOBIL CHEMICAL COMPANY
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. KOLON INDUSTRIES
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. LYONDELLBASELL INDUSTRIES N.V.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SHANDONG YUHUANG CHEMICAL CO., LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SHELL CHEMICALS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. ZEON CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Braskem
2. Chevron Phillips Chemical Company, LLC
3. Cymetech Corporation
4. Dow Chemical Company
5. ExxonMobil Chemical Company
6. Kolon Industries
7. LyondellBasell Industries N.V.
8. Shandong Yuhuang Chemical Co., Ltd.
9. Shell Chemicals
10. ZEON CORPORATION
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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